This is a real nuisance, I nearly got to the stage of resetting my computer, thinking a piece of malware was stopping my security updates.
There is a tool (wushowhide) that will enable you to hide a specific update (this problematic one is kb5034441)
Go see Where do I find wushowhide? found it - Microsoft Community
Do as it says in this article and this update will be hidden from Windows Update (it can easily be unhidden in due course using this same tool)
I used this tool and was then once again able to download and install updates (exluding this errant update)
It's about time MIcrosoft fixed this, it's been a number of weeks now